coming up, bart chilton. you then. ♪ >> this is bloomberg "surveillance pickup >> unrest in hong kong. cap guy first stormed the barricades. equities chair and as yields test new lows friday. oil continues on a freefall. pharmaceutical giants race to find a vaccine for the ebola virus. this is bloomberg "surveillance," live from new york. i'm tom keene. joining me, scarlet fu and adam johnson. let's get to our top stories. a less than spectacular trading debut for pershing square holdings. went public in amsterdam. shares down as much as 11%. ackmannterview, bill spoke with hans nichols about the investment strategy. >> we are not berkshire hathaway, it is not a bad business model. think about a long-duration investment strategy. we will only invest in the public markets and by public companies. this will enable us to have a capital base that matches the duration of our investments. >> do you think of yourself as warren buffett or carl icahn? >> i'm friendly with mr. icahn, in terms of investment strategy, we

bart chilton has been announced it of some high-frequency emphasis. welcome back. it is good to see you again. >> it will be accepted and endorsed as essential to today's modern markets. >> was that your position before you left the cftc? >> it was. i have raise alarms as well. high-frequency traders have raised register. really thankful the modern market initiative guys are the white in this space and they're actually calling for aspiration. can speed, etc.. responsible regulation. those are things i called for as a commissioner. >> you're quoted as -- in a press release today as saying that traders need, in your words, a greater sense of confidence about today's trading environment. that is part of the principal for modern markets, which the firm outlines today. does the trading environment have a living -- level playing field right now? the criticism most expressed the high-frequency trading is that it creates an unfair advantage. >> that is exactly what they're calling for, transparent markets so everyone knows what is going on will breed investor confidence. i